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Grazing and Finance Planning

Grazing and Finance Planning

Decision Making 2018: Grazing and Finance Planning For Agriculture Operations


News Staff - March 31, 2018

UNDATED - SDSU Extension’s team of experts recognize the challenges South Dakota’s agriculture producers face as they enter the 2018 grazing season. To help ranchers with planning for the future, SDSU Extension will host several Grazing and Finance Planning meetings throughout western South Dakota beginning April 3.

“Drought conditions remain across regions of western South Dakota, combined with low commodity markets, many producers are facing reduced incomes. As spring pasture turnout will be occurring, or should be occurring during the months of April and May, we want to be on hand to provide producers with tools and management tips they can use to proactively make decisions for stocking rates,” explained Heather Gessner, SDSU Extension Livestock Business Management Field Specialist and one of the meeting’s organizers.

All are invited. There is no registration. This event is available at no cost. The meetings will run for two hours, with additional SDSU Extension staff on hand to answer questions. Come as you are. We understand calving and lambing season has begun.

Agenda and topics

The SDSU Extension team will provide producers with tools to create grazing plans, which may include destocking, if dry weather conditions continue.

“A plan empowers a producer to make the most difficult decisions utilizing data and information, and not rely on reactive measures which leave doubts and questions in their minds,” Gessner said.

She added that the tools discussed during this workshop will be helpful when meeting with lending institutions if necessary.

Speakers will include: Laura Edwards, SDSU Extension State Climatologist - weather update and outlook; Dave Ollila, SDSU Extension Sheep Field Specialist - grazing and forage tools to evaluate spring turn out and expected grass production; Heather Gessner, SDSU Extension Livestock Business Management Field Specialist – finances: creating production and personal budgets, as well as working with bankers.

Dates and Locations:

April 3, 2018

Kadoka 10 a.m. – noon Kadoka Club (27-920 SD Highway 248)

Wall 2 p.m. - 4 p.m. Wall Community Center (501 Main Street)

Milesville 6 p.m. - 8 p.m. Milesville Hall (20308 Milesville Rd.)

April 4, 2018

Dupree 10 a.m. – Noon Harry’s Hall (312 Main Street)

Timber Lake 2 p.m. – 4 p.m. Community Center (700 Main St.)

Bison  6 p.m. – 8 p.m. Grand Electric Social Room (801 Colman Ave.)

April 5, 2018

Buffalo 10 a.m. – Noon Rec Center (108 Hodge St.)

Belle Fourche 2 p.m. – 4 p.m. First Interstate Bank (41 5th St.)

Union Center 6 p.m. – 8 p.m.  Community Center (19617 Ballfield Rd.)

 

SDSU Extension Contact:

Heather Gessner, SDSU Extension Livestock Business Management Field Specialist

[email protected]

http://igrow.org/about/authors/heather-gessner/



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